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KCSMMHZ
Nov 21, 2012 6:00am PST
plunge in the economy. panetta warned that defense spending will be subject to drastic cuts if lawmakers failed to reach a consensus. >> the worst thing that could happen from my perspective is that they just kick the can down the road. all that would wind up doing is continuing to present a shadow over the defense department and for that matter, the rest of government. >> the defense department is already planning to reduce its budget by about $500 billion over the coming ten years. panetta has voiced concern that further cuts could undermine barack obama's new defense strategy that lays more emphasis on the asia pacific region. >>> japanese officials are scratching their heads about how to deal with sluggish trade. sales to foreign countries have plunged leaving japan in a trade deficit for the fourth straight month. finance ministry officials released preliminary figures shortly before the markets opened. the deficit came in at $6.7 billion. exports fell by 6.5% from a year earlier. exports have fallen five months in a row. cars and steel led the drop and imports fell by 1.6
KCSMMHZ
Nov 27, 2012 6:00am PST
: i promise to become the first president to democratize the economy and establish a sound welfare system through a new type of politics. >> moon also talked about >> moon also talked about entrepreneur-turned-politician ahn cheol-soo. ahn dropped out of the race last week to give moon a better chance for victory when voters head to the polls on december 19th. moon said he'll never forget the sacrifice. he asked ahn's supporters to back him. >>> earlier shery ahn spoke with kengo okamoto who has covered south korea's last two presidential elections. >> kengo, park and moon running neck and neck. what are south koreans looking for in their next leader? >> yes, shery. their biggest concern is growing economic equality. they blame congress glom rats. these groups or big companies dominate south korea's economy. critics say they made it hard for smaller companies to succeed. moon has said one solution is to reintroduce limits on how conglomerates can invest. he says that would create room for smaller companies to grow. >> and what does park say? she's known to be more conservative. >>
KCSMMHZ
Nov 26, 2012 6:00am PST
japanese voters what matters most. 34% said dealing with the economy. 21% replied reforming social security. and 11% cited energy policy, including the use of nuclear power. the disapproval rate for prime minister yoshihiko noda's cabinet hit a record high at 64%. that's a three percentage point increase from a week ago. the approval rate remained unchanged at 22%. voters were also asked who they would prefer as prime minister. the two choices were the incumbent yoshihiko noda, who heads the democratic party, or shinzo abe, leader of the opposition's liberal democratic party. 21% of respondents chose noda. 26% favored abe. but almost half, or 49%, said they wanted neither. >>> japan's top government spokesperson says officials are gathering information in anticipation of a possible missile launch by north korea. u.s. satellite images indicate north korea recently transported what are thought to be long-range ballistic missile parts. japan chief cabinet secretary osamu fujimura says his government closely monitors missile-related activities in north korea. >> translator: we will wor
KCSMMHZ
Nov 22, 2012 6:00am PST
economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs lambasting a 2011 law that will require salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014, but workers say those costs should remain the government's responsibility. similar prothave been recently held in other cities around the country as workers urge the government to protect them. >>> phuket is an idyllic location in southern thailand has plans to lure a segment of the muslims who make up nearly 25% of the world's population. we have more. >> reporter: eight million travellers a year head to phu t phuket. ♪ >> reporter: one of phuket's annual tourism events shows what the island has to offer guests. visiting is the secretary gener general. he threw his weight behind the plan. >> if we want to cater for all sorts of clients and tourists, we need to be sensitive to their demands. >> more restaurants in phuket serve halal which means perishable. this restaurant said diners can eat in confidence with dishes that have n
Search Results 0 to 3 of about 4